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Research and innovation confirmed as drivers of growth and jobs
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Published on -02-03-12

EU heads of state and government meeting into Brussels today stressed that the Europe 2020 strategy is Europe's growth strategy and its comprehensive response to the challenges it is facing.

One of the targets of Europe 2020 is to boost innovation, research and development in Europe. In particular Europe needs to improve its ability to transform good research into innovative products and services that meets market demand.

    José Manuel Barroso, on the left, and Herman Van Rompuy

    José Manuel Barroso, on the left, and Herman Van Rompuy

    The conclusions of the European Council also stressed the need for more efforts to complete the European Research Area by 2014.

    Progress achieved on some key areas of EU action on research and innovation, a vital component of Europe's future competitiveness and growth are set out in Memo/11/153

    In the margins of the Council the participating member states (except UK and Czech Republic) signed the Treaty on stability, coordination and governance in the EMU.

    The EU's priorities for the forthcoming G20 meeting and UN Rio+20 Conference were also set, with a particular emphasis on growth-enhancing measures and reforms.

    Candidate status was also granted to Serbia, the first step to EU membership.

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    Last update: 08/03/2012  |Top